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20130103
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96 points on the first trading day of 2013. and grover norquist saying no republican voted for a tax increase. really? he joins us here to talk about that and a great deal more. republican congressman has been highly critical of the speaker. he is among our guest to talk about the future of the party and the budget. moody's chief economist joins us to explain what he calls are glorified relief rally on wall street that will endure. the fiscal cliff arrived at the white house, met legislation this afternoon. the president is expected to sign it into law electronically because the bill arrived at the white house and he was in hawaii. meanwhile, a bipartisan solution to our nation's fiscal cliff being hailed by some on the hill as the first up toward comprehensive tax reform. jeered by others for failing to make any real changes to washington's overspending. fox news chief congressional correspondent with our report. >> i want to salute president obama. he campaigned on strengthening the middle class. i think all of us probably did. this is one way for us to fulfill that promise. >> whi
-tax crusader grover norquist. there he is. he'll join us. if by blessed youn freaked out about money well we suddenly noticed crusader grover norquist. there he is. he'll join us. sh the anti-tax crusader grover norquist. there he is. he'll join us. g the anti-tax crusader grover norquist. there he is. he'll join us. and the clothes still weren't as clean as with tide. so we're back to tide. they're cuter in clean clothes. thanks honey yeah you suck at folding [ laughs ] [ female announcer ] one cap of tide gives you more cleaning power than 6 caps of the bargain brand. [ woman ] that's my tide, what's yours? diarrhea, gas, bloating? yes! one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. live the regular life. phillips'. live the regular life. let's say you want to get ahead how do you get from here... to here? at university of phoenix we're moving career planning forward so you can start figuring that out sooner. ln fact, by thinking about where want your education to lead, while you're still in school, you mi
are a co-founder of the club for growth. you sort of subscribe to that grover norquist idea that don't raise taxes. option number two in the scenario that i put forward, republicans end up being dared to vote against the president's plan. again, forget the politics. forget what jessica said about procedurally not getting there. the point president obama is trying to make is he wants everybody to vote one way or the other, up or down. the idea is republicans will be forced to vote one way or the other on extending the push tax cuts for people making below $250,000 a year. >> yeah. ? and by definition making taxes go up on those earning above that. would republicans be forced to vote for the president's plan to avoid being blamed for rates rising on most taxpayers and going over the fiscal cliff? >> well, a couple thing, ali. first of all, i think the outlines of that deal you just described are probably where they're headed, although i don't think that mitch mcconnell and harry reid -- i hear they're negotiating maybe a little higher income threshold, so maybe not $250,000, maybe $400
done. >> grover norquist holds no elected offense, no official title. he's a lobbyist, president of americans for tax reform. he's been a central figure in this and every tabs debate washington has had for 20 years. for those two decks aid, his position on taxes has been simple -- don't raise them, no time, ever, never. this time he says the senate tax deal is kind of sort of okay and that's got a lot of people somewhat confused. grover norquist johns us now. you said the voting for this deal, which increases taxes on households earning more than 450,000 annually would not violate your pledge that lawmakers make to their constituents. help our viewers understand that. lawmakers who sign that pledge promised to oppose any effort increase tax rates for individuals, for businesses. howe does the fiscal cliff deal not violate that pledge. >> it's technically not a violation of the pledge. but i understand why a lot of republicans have said, look, even though what's happening is the tax cuts disappear and we're restoring them for for most people, so we're not raising taxes, we're actu
predates me. >>> grover norquist on the fiscal cliff showdown and why politicians won't back down from signing his anti-tax pledge. so i switched my car insurance to state farm... saved $480 bucks. you know what that is? yeah. don't say it. so you know what it is, right? yeah, yeah, don't. that's a lot of dough! ♪ [ male announcer ] switch and you could save $480 bucks wi state farm. with olay, here's how. new regenerist eye and lash duo the cream smooths the look of lids... softens the look of lines. the serum instantly thickens the look of lashes. see wow!... eyes in just one week with olay. see wow!... eyes in just one week tyeah, its the galaxy note ii.re great. you can do two things at the same time. you can watch videos and text. or you could watch the earnings report and take notes, like we're supposed to. so... can i get it? yeah. okay either of you put together the earnings report yet? yes, me totally. what? why don't you tackle the next quarter. you eat yet? polynesian? pu pu platter? yup! keep up the good work. i will keep up the good work. do more with the new samsung gal
basically. we'll talk to grover norquist about this in a second, but this is the way things are going to get decided now for the next four years. there's no grand bargains and stuff like that. >> that's the thinking. look, it could be or it could be that we'll continue to have these skirmishes because there are these ideological differences until it's finally resolved because these two parties are struggling over philosophy and eventually it will be resolved, but until that time, yes, this is what we're looking at for a while. >> hdoes that get resolved, though? >> once the economy recovers and we're clearly out of recession, maybe the anxiety about debt and deficit is lessened or perhaps we get the debt and deficit under control and that makes everybody a bit more optimistic. we've now resolved the tax struggle to some extent. personal income tax is resolved a little bit. so you tackle these one at a time. that might be the way or it might be that the economy picks up. >> right. >> anderson, if i could just add to what jessica is saying, it seems as though a big reason why republicans in th
it. >> our old hopes of rising above just a lost cause at this stage. grover norquist, the president for americans for tax reform is coming on the show next because almost every republican member of congress has signed his pledge not to raise taxes. we'll get his take at what is i would say a very critical juncture. >> and also estate taxes scheduled to jump from 15% to 35% with montana land values more than doubling in past decades. farmers and ranchers are up in arms because the impact estate tax would have on their ability to hang on to their land. we'll speak with one of them coming up in the next half hour. >> also weighing in is outgoing montana governor brian schitser who was a farmer and rancher himself so he should know a thing or two about that. >> plus, health care sunday the microscope right now. we'll find out if this year's winners can carry their mojo into next year. you're watching cnbc, first in business worldwide. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah,
norquist. now, i've known grover norquist for a long time. i think he's a fine person. he holds no elective office and, in fact, he wasn't elected president. so the president of the united states who is responsible for figuring out our problems who has not offered a single serious, cost-cutting measure, i mean, tell me what you think barack obama's going to go to the house and senate democrats and say i need a yes vote on this cost cutting. instead of dealing with the fact that the president of the united states is once again totally failing to provide leadership, the president has cleverly gotten us worried about whether grover norquist now defines the republican party. because as we all know, if we are not worthy of the news media's respect and love -- [laughter] we are a party that will disappear. i mean, just listen to the tone of the language when you watch morning joe or you watch, you know, even fox and friends are off on this whole. shtick. and grover did something very important. he came up with the idea of a no-tax increase pledge as a way of drawing a line in the sand. i voted ag
want to bring john avlon into the conversation. i have spoken to grover norquist and wolf has spoken to grover norquist more than we have spoken to our families in the last few days. he's making an interesting philosophical point. if we let these guys go ahead with some kind of tax increase on people above $450,000, we can then move the discussion to spending. so far, the spending is a much more complicated part of the deal. it's a much harder deal to make than to arrive at what percentage to charge and at what threshold. the republicans are hoping that this debate that goes on for two months and longer is now going to go to spending. is that a good bet? >> mark that on your fiscal calendar. when jessica said to us the deal with the sequester, which has been the big open question. remember house republicans' questioning of this. when that gets moved to february, we're doing this all over again. maybe there's a chance to get our deficit and debt in line. the downside, we're going to be playing with fire again walking right up by the edge of the cliff. >> the tax rate and how much you
booth, came out in support of a carbon tax. [applause] grover norquist chemo for about 16 hours. -- came out for about 16 hours. [laughter] definitely carbon taxes is bubbling up. rush right. and from a surprising source. people on the conservative side of the political spectrum, ultimately, i should not be a bar -- a partisan political issue. the day the sandy hit, i was with many people. >> of is just about to touch on that. fires burned homes with their democrats for republicans. the climate system does not care. hopefully, what we can do as scientists, is checked the risks and then the location details. but that is a whole different ball game. >> my name is carol stone. do you think the mayan calendar this year will have any effect? and what is the effect of the population in the world -- a billion on this issue of carbon -- >> violation? >> that -- there is a number of factors. when you look at local government in emissions. if there are more people on the planet burning carbon for energy, we will be adding more carbon to the atmosphere. on the other hand, people who are living in a
anything. they have stuck with their grover norquist position they're not going it raise taxes on anybody. when the whole plan "b" thing went up, they passed some spending stuff barely and when we were supposed to deal with the tax stuff at a million they couldn't even bring it up for a vote. i have no idea what mitch mcconnell is talking about. it seems to be nothing more than political posturing, but i want to say nobody is trying to put this on john boehner. it's on boehner. he's the speaker, and so it's not of a political bringsmanship or gamesmanship. it's the fact. >> it seems the strategy here, boehner obviously kind of said and i think he's been called out for this, said it's up to the president and the senate. i give up, we're leaving town. i guess now they're going to come back sunday, as if that's going to create some sense of urgency. what strikes me is the message that continues to come forward is the american people are going to -- believe that the president and democrats are showing real leadership and they will blame the republicans if this deal goes south, and yet when yo
as well. >> let's start in the bay state. number two, we've got grover norquist versus the gop. and here's what's fascinating. he's been a major player, a huge figure, and yet the push back has been growing. the tide has been swelling. take a look at this montage clip of republicans pushing back on grover norquist in the atr pledge. >> i'm not obligated on the pledge. >> when you're $16 trillion in debt, the only pledge we should be making to each other should be avoid greed. >> i never signed the pledge. >> he's becoming irrelevant. you can see it in his eyes. he knows the game is up. >> a pledge you sign 20 years ago, 18 years ago, is for that congress. >> i'm going to be the one to determine what a tax increase is. grover norquist is not going to determine what a tax increase is. >> message seems clear. don't fear the grover. that echoes throughout the upper echelons of the gop. >> boehner put tax revenues on the table and we heard nothing from norquist. this is a false drama, manufactured by people like you who can't stand norquist. >> people like me? just because the emperor's weari
pushing back on grover norquist in the atr pledge. >> i'm not obligated on the pledge. >> when you're $16 trillion in debt, the only pledge we should be making to each other should be avoid greed. >> i never signed the pledge. >> he's becoming irrelevant. you can see it in his eyes. he knows the game is up. >> a pledge you sign 20 years ago, 18 years ago, is for that congress. >> i'm going to be the one to determine what a tax increase is. grover norquist is not going to determine what a tax increase is. >> message seems clear. don't fear the grover. that echoes throughout the upper echelons of the gop. >> boehner tput tax revenues on the table and we heard nothing from norquist. this is a false drama, manufactured by people like you who can't stand norquist. >> people like me? >> the fiscal cliff is a big deal because it's kind of like a vampire and garlic. once you go over the cliff, tax rate go up so much, anything is a tax cut beyond nat. the thing is if you're actually raising taxes from a current policy tax line, you would violate his pledge, but once they go up automatically, cutti
grover norquist and a lot of people really don't like him. you think grover has the right idea. you have colleague es in the senate, in the house of representatives. we have talked about this endlessly for many months and we both sort of went into the last few days thinking they'll get a deal, they'll do it. it will increase some tacks on the rich and we'll figure out a number. i think both of us put forward it would be $500,000, the threshold. were we wrong or what? >> well, you know, ali, i love you, but i don't want to spend new year's eve with you and we may be doing that. i don't know. look, i still think -- i have been saying this for the last three weeks, there's going to be a deal at the 11th hour. now i'm not quite as confident as i was 24 hours ago, but, you know, as you and i have talked about many times, there's some deep philosophical disagreements here about taxes, about how much the government should be spending. i listened to the gentleman who said president obama won the election so he should get his way, but the republicans say, look, we won the house. i do want to see
'll have more on this. robert rice and the antitax activists, grover norquist. they are both here for what promises to be a spirited debate coming up in just a for minutes. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle. have you thought about going vegan carl? hahaha!! you know folks who save hundreds of dollars by switching to geico sure are happy. how happy are they jimmy? happier than antelope with night-vision goggles. nice! get happy. get geico. fifteen minutes could save you fifteen percent or more. [ buzzing ] bye dad. drive safe. k. love you. [ chirping, buzzing continues ] [ horn honks ] [ buzzing continues ] [ male announcer ] the sprint drive first app. blocks and replies to texts while you drive. we can live without the &. visit sprint.com/drive. >>> so with the u.s. now going over the fiscal cliff at midnight, drastic across the board spending cuts will automatically take effect the following day. that would be january 2nd. tom foreman is j
spoke to grover norquist, he said if he were a senator, he would vote for the deal, but robert reach, the former labor secretary said if he were a senator, he would oppose the president. you have confusion. grover norquist with the president. robert reich against the president. >> i was listening to that interview closely. we're going to have him on later again. that was quite remarkable. i think that's what you're seeing playing out here. everything doesn't fit neatly into the corners here. there are republicans who think that threshold above which people will pay extra tax is too high, doesn't bring enough revenue in, and grover norquist, i was very surprised when he told you he thinks this deal, he hasn't read it, meets the smell test and he would give approval for republicans to vote for it. >> republicans in the house tomorrow as well. stand by for a moment. the u.s. draws closer and closer to that fiscal cliff. the defense department is facing billions in budget cuts. how a furlough could affect civilian employees in the u.s. and around the world. oh, hey mike. what are you up
the norquist pledge. am i right? >> that's right. absolutely. >> and grover norquist seems to have approved this deal. approved plan b which a lot of republicans didn't support. he couldn't get it to a floor vote. said this is okay. guys like and you many like you across the country are in districts that are not competitive in the general election, they are competitive in the primary, so you have to tack to the side of your party. and that means that it makes it harder for guys like you to compromi compromise, you are keeping an open mind. given your general history, you wouldn't like this deal? >> you stated it perfectly. grover gorgeous kwis well respected. did i sign that pledge in 2002, and that was not just a pledge to grover norquist, u.s. a pledge to the constituents who voted for me over the other two guys, pretty good candidates as well. grover could say theoretically we've gone over the cliff. everyone's taxes have gone up, at least for 12 hours, and a vote would be a vote to lower taxes for everybody under $400,000, and i'm just not sure the people in the 11th of georgia will see
. and grover norquist, is he backing down from his no-tax pledge? is he hedging? find out, ten o'clock this morning. go to our facebook page, tell us what you think about the deal that we've got, you're happy with it. if you are, we want to know why. we'll read some of your comments on the air. tell us why we want that in there. the markets, they've got their answer on the fiscal cliff, a deal has been done, the result is yes, it is a rally. we're going to see a big gain for the dow. it's going to be big. the opening bell for this brand new year is next. night ♪ >> surely you recognize that music, don't you? that's played on the bah zuki? why are we playing that? because america looks a whole lot like greece in morning. why? we've got a fiscal cliff deal. all it does is raise taxes. it doesn't cut spending, it doesn't do anything about the debt that we and europe and greece are facing. nothing at all. america's fundamental spending and massive debt has gone completely unaddressed. not there. that's why we're playing greek music as we start out this trading session this wednesd
america. >> the tax man cometh. the tax man is here, grover norquist, president of americans for tax reform, joining us now. thank you very much. happy new year. >> happy new year. >> why were you in favor of this? it's the first tax increase republicans have voted for in 20 years. >> no republican voted for a tax increase. what happened is obama had the demaclese over the american people, unless the house senate and president voted on something. >> the bush tax cuts had set to expire. >> they were set to expire two years ago and obama extended them for two years without change for everybody, for himself and everyone else. then he said he was worried about the economy and he didn't want to kill jobs. now that his job was safely protected, he's less understood what happened to the economy, the tax increases that he insisted on, all the republicans in the house and the senate who voted more than once to extend the bush tax cuts for everybody permanently, so the republicans are quite clear. they want the tax cuts extended for everyone. the president insisted on taking them away from som
for the first time in two decades. just before 11:00 p.m., grover norquist tried to keep his infamous pledge from going obsolete, tweeting "the bush tax cuts lapsed at midnight last night. every "r" voting for senate bill is cutting taxes and keeping his or her pledge." sorry, grover, the impact of the bill is absolutely a tax hike. supporting it was not unanimous, all but five republicans and three democrats in the senate voted for it, but it was much closer in the house. 151 republicans, more than half of the gop members, voted no, including majority leader eric cantor and republican whip kevin mccarthy. at the end of the day, enough lawmakers across the aisle agreed to the deal, but at a cost of extremely strained relationships. politico reports on an encounter between speaker boehner and harry reid in the white house lobby. go [ bleep ] yourself, boehner sniped, as he pointed his finger at reid, according to multiple sources present. speaker boehner refused to bring forward a bill funding emergency aid for victims of superstorm sandy. this is how republican peter king responded this morn
. the first time and there are 500 billion in tax hikes coming your way. december 31. grover norquist from the president of americans for tax reform are warning that that is only the start of our problem. >> in addition to the bush tax cuts, 500 billion-dollar tax increases, a trillion dollars in obamacare taxes, all the taxes to pay for that free health care we are supposed to get. 90% of the tax increases to pay for obamacare were convenient postponed until after obama got himself safely reelected. they begin to hit january 1 of this coming year. they are unpleasant. gerri: absolutely unpleasant. it is a disincentive to invest into work. i don't know what people are going to do down the road. now it seems that people are saying it's up to the senate. it in the senate ballpark now to do something and to get some kind of bill. will they do anything at all? >> all the focus has been on president obama and the house of representatives. the leader, speaker boehner. some of us went to public school, but i still learned that there is a senate involved in all of this. [laughter] for the last thr
comment, grover norquist joins us now. let's stay on this other thing. they have known for a couple of days the president would likely, leave hawaii, fly in, drop and washington, d.c., and try to save america from falling off the fiscal cliff. how does the president when this optics war, grover? >> it is all politics. he has not put a proposal on the table that makes any sense. republicans have actually passen plan a, bu the ryan budget, the ryan plan. ent saving transit dollars over the decade. it reforms taxes, does not raise it, reforms that without raising taxes on people. so that is a plan that is passed in the house of representatives in the house of representatives republicans in the senate. the alternative to that is nothing. eric: we know that will not pass the senate and we know the white house will not sign it. here is what my contention has been. allow me. work with me. very important question at the end of this. we go off the cliff, all the tax cuts expire, sequestration,ick whatever. here is the question though. if president obama then says i will put in the tax cuts f
norquist, republican lobbiest grover norquist even said the senate deal was an okay deal. he would vote for it if he were a senator, he said because republicans should still be part of it because -- this is a spin on his part because 84% of the bush tax cuts were still in place. and yet those tea party house reasoning wouldn't go along with grover norquist. we catholics say there is a problem when you are holier than the pope. well, that's the case with these house republicans. i don't know. congress is so broken i don't know how we can fix it other than in 2014 target every one of these tea party republicans with a even a responsible republican and throw out this congress. their goal is to destroy this country. arthur delaney will join us when we come back. >> announcer: this is the "bill press show." ♪ every day presents another exciting issue. from financial regulation, iran getting a nuclear bomb, civil war in syria, fraud on wall street, destruction of medicare and medicaid. there are real issues here. having been a governor, i know that trade-offs are tough. things
. grover norquist. we had an election and boehner was elected speaker now lame duck obama should get over it. >> okay, a boehner hasn't been -- boehner hasn't been elected to anything yet because there's going to be a fight between him and eric cantor coming up. >> stephanie: crazy cowboy, eric eric cantor. >> okay corral. and it won't be okay for you. it will be super okay for me because i moisturize. >> stephanie: oh, boehner boehner. ♪ ♪ i am just an orange boy ♪ ♪ i have squandered my influence for a pocketful of tax cuts for the filthy rich ♪ ♪ my eyes get wet still a man cries when he thinks about which fabric is the best ♪ ♪ on the house floor stands the boehner and he's whining constantly ♪ ♪ and the fiscal cliff reminds him of every vote that let him down ♪ ♪ as he cried out in his anger and his shame ♪ ♪ i'm weeping i am weeping but he still remains ♪ ♪ crying eyes ♪ ♪ crying eyes ♪ >> yea! rocky mountain mike. >> stephanie: rocky mountain mike never on vacation.
gave a talk at grover norquist's wednesday meeting -- >> oh, that must have been interesting. >> one of the -- this was at the -- i gave two. there was first a meeting with him and some of the republican leaders which was open, and then there was one which was closed and i can't talk about that one but i'm sure it was at the first one. that one -- [laughter] -- one of them said, that's income redistribution. well, yeah, it is. the people who do a good job will get some of the money from somebody else. and -- but that's what if we don't do something like that. that's -- you see, we would reach -- if we did that, we would reach tipping points where alternatives would be cheaper than -- say, coal, and then you would quickly phase out the fossil fuel. so you then leave it in the ground and that's what we have to do. >> british columbia is doing something like this so that maybe there's some different details, but british columbia replaced one kind of tax, it was a payroll or corporate tax -- >> yeah. >> and imposed the carbon tax. now, you think that's not high enough, but it didn't -- f
-- >> they cannot cross over the threshold that has been built by grover norquist. >> well, harry reid says he is the reason there is no deal on the fiscal cliff. we're going to ask grover norquist himself if there's any room for compromise when he joins us live. you've got to stay with us right here on the "closing bell." we're now down 133 points on the dow. [ rosa ] i'm rosa and i quit smoking with chantix. when the doctor told me that i could smoke for the first week... i'm like...yeah, ok... little did i know that one week later i wasn't smoking. [ male announcer ] along with support, chantix is proven to help people quit smoking. it reduces the urge to smoke. some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. if you notice any of these stop taking chantix and call your doctor right away. tell your doctor about any history of depression or other mental health problems, which could get worse while taking chantix. don't take chantix if you've had a serious allergic or skin react
's on tap? >> we have a whole bunch of republicans who have signed that anti-tax pledge to grover norquist. i'm going to talk to one who is refeudiated that pledge. he thinks we have got work to do and pledges are not the business of government. when we come back on your money, i'll talk to ohio representative congressman steve latourette. humans. even when we cross our t's and dot our i's, we still run into problems. namely, other humans. which is why at liberty mutual insurance, auto policies come with new car replacement and accident forgiveness if you qualify. see what else comes standard at libertymutual.com. liberty mutual insurance. responsibility. what's your policy? >>> washington finally seems ready to ring in the new year with a deal that averts the fiscal cliff. it only has taken 517 days to reach this point. what a waste of time. from the cnn money newsroom in new york, i'm ali velshi. this is your money. with only hours to go, president obama says a deal between democrats and republicans is, quote, within reach as america ticks closer to the fiscal cliff at midnight. >> they
is the grover norquist pledge that the officials, mainly republicans, have taken. it should be deemed unconstitutional. no elected official should be allowed to take any kind of pledge. when boehner presented plan b, he could not even get a vote on it because it would raise taxes for the million-dollar people. this is definitely a problem. i also think that no entitlement should be part of this when it comes to the senior citizens. their social security, they do not get paid that much. >> she was mentioning the bill that the speaker had to pull because he did not have the votes, the one that would raise income over those making over $1 million per year. a news reporter from "the washington post" talked about the cliff. the minority leader has appealed to the vice president directly in a last-ditch deal to avoid a fiscal cliff. kerry reid stepped back from the talks on the senate floor. and he had yet to hear back from the. -- from them. we will show you comments in a short while ago. taking your phone calls on the fiscal cliff with two days to go, the house and senate vote in a sessio
of all the games going on and there are you, grover norquist, a very bright guy still resolutely saying a pledge is a pledge is a pledge, it cannot be broken when many of your own party are now saying you know, what it doesn't make sense to have this irresolute position anymore. >> two things, the pledge is not for life. but everybody who signed the pledge, including peter king, who tried to weasel out of it -- shame on him as the "new york sun" says tonight. i hope his wife understands commitments last a little longer than two years or something. >> whoa, hang on, hang on. that was a bit below the belt, grover. >> hey, if you think a commitment is not for as long as you make it for, the commitment for the pledge as peter king well knows when he signed it is as long as you're in congress you will rein in spending and reform government, not raise taxes. it's not for 500 years or two generations. it's only as long as you're in the house or the senate. if he stayed too long, that's his problem. but you don't tell the bank, oh, the mortgage, wasn't that long time ago? if you make a commitme
norquist had said never cut any spending? i'm going to sign a bill that says never cut and spending. grover norquist, here's a great example, he does not even believe in economic case multipliers. host: gary says -- guest: what's interesting about the last election cycles is we had under president bush and the end, democrats seized control of congress in big numbers. and we had the big democratic sweep with the white house in 2008. 2010, republicans came sweeping back. we've had a pendulum swing, very contractive time period. that's one of the factors. we have seen both sides really dug in because they don't know where the pendulum will swing in the next direction. host: from one of our viewers -- on facebook -- guest: that's right. one of the points she raises is it's easy to look and collectors and say we will just drop 10% of this program and 20% off that program. but when you get down to the individual programs, we're talking state and local police departments, fire departments, teachers' pay, all sorts of programs that have different constituencies that you would feel the impact of som
. >> presidents of americans for tax reforms, grover norquist ond how his tax pledge has played a role in the cliff negotiations. we're back after a quick break. my eye on her... t but with so much health care noise, i didn't always watch out for myself. with unitedhealthcare, i get personalized information and rewards for addressing my health risks. but she's still going to give me a heart attack. that's health in numbers. unitedhealthcare. >>> we are hours away from the fiscal cliff itself. when a series of automatic tax hikes and spending cuts will take place in this country. the house of representatives of beginning legislative business in about 60 seconds or so, as we await any word on whether any potential deal is reached. negotiations involving mitch mcconnell and vice president joe biden, two men who worked together for more than 20 years in the senate. of course, the senate reconvenes at 11:00 a.m. eastern time, in about an hour. a quick look at how the markets are reacting on this final day of 2012. obviously a lot of indecision here, riding the flat line, trying to hed
the president and boehner. both times boehner could not deliver because they refused grover norquist to allow any tax revenues whatsoever. we had meetings with the vicead president, biden and cantor. cantor walked out of those meetings. he's the majority leader in the house. we had the gang of six, the gang of eight.we h we had this supercommittee, and they were doing good things, good things, dealing with spite elements and revenues -- entitlements and revenues.ents and a week before they were to report by virtue of statute, i get a letter signed by virtually every republican, too bad about the supercommittee, we're not going to do anything with revenues. so this is not a p n capsule ofa couch l of days. -- capsule of a couple of days. this has been going on for years. they cannot cross over theer threshold that has been built by grover norquist. people who are rich, who make a lot of money, they're not opposing the raising of taxes on them. i the only people in america who don't think taxes should be raised on the rich are the republicans who work in this building. so anytime the speaker an
-- quote from another player -- that is from culver norquist. -- grover norquist. he is suggesting that the gop's negotiating position in the fiscal debate is stronger than being reported. that is at grover norquist for you. others have weighed in as well -- as well. here is "the new york times" -- james in oklahoma, a democratic caller. what is your take? caller: my question is, who is running this country? is it the president, the congress, or is it the american people? the american people break the back to survive on a daily basis. congress does not have that problem. i may not get to eat just because to feed -- just to feed my kids. congress does not have that problem. they do not share the problems. they do not care about our problems. all as long as they get with it and what they got. thank you. host: alex in georgia, republican color. -- caller. caller: happy new year to everybody. i think it is a win, ironically, for republicans. i think anybody of any common- sense realizes -- i will even say you are going to say $300,000 and above, even for household, that is at the chair
. both times, boehner could not deliver because they refused because of grover norquist to allow any tax revenues whatsoever. we had meetings with the vice president, biden and cantor. cantor walked out of those meetings. he is the majority leader in the house. we had the gang of six, the gang of eight. we had this super committee, and they were doing good things, good things, dealing with entitlements and revenues. and a week before they were to report, buy virtue of statute, i get a letter signed by virtually every republican, too bad about the super committee, we're not going to do anything with revenues. so this is not a capsule of a couple of days. this has been going on for years. they cannot cross over the threshold that has been built by grover norquist. people who are rich, who make a lot of money, they are not opposing raising the taxes on them. the only people in america who don't think taxes should be raised on the rich are the republicans who work in this building. so any time the speaker and the republican leader come to the president and say we have got a deal for you, the
't like grover norquist. now a message to washington. >> this shows how incredibly out of touch you are, are you off in la la land and everybody is saying you are acting like a bunch of spoil brats who are more interested in being wririg than doing the right thing for the people who elected you. tyeah, its the galaxy note ii.re great. you can do two things at the same time. you can watch videos and text. or you could watch the earnings report and take notes, like we're supposed to. so... can i get it? yeah. okay either of you put together the earnings report yet? yes, me totally. what? why don't you tackle the next quarter. you eat yet? polynesian? pu pu platter? yup! keep up the good work. i will keep up the good work. do more with the new samsung galaxy note ii. i've always kept my eye on her... but with so much health care noise, i didn't always watch out for myself. with unitedhealthcare, i get personalized information and rewards for addressing my health risks. but she's still going to give me a heart attack. that's health in numbers. unitedhealthcare. if by blessed you mean freake
broken the iron grip of grover norquist on the republican party, at least in the senate, and taxes have gone up on the top 2% and that will help us if going forward. and then secondly, we have a compromise. and that is really vital to this country, to see that congress can have debates in division and can make decisions. and there is no harm that is being done by this bill to the american economy and the american middle class. there is some positive things here, despite the fact that both sides are going to have a lot to criticize, and the thing that is alarming to everybody is that two months from now, we're going to be back at it again with the debt ceiling, with the -- with the budget expiring, and that is going to be another fight all over again. >> you know, congressman, you say that there will be no harm to the american middle class. but the republicans would argue that by not putting in any spending cuts, that in fact you are harming the middle class, because it is just incurring more and more and more debt. the house minority leader nancy police plo pelosi said up or down vote.
one person's opinion carries disproportionate weight and that person is grover norquist. he's the head of americans for tax reform. they have got the pledge that mostly republican members of congress signed to say they won't increase taxes. now, understand this. the top marginal tax rate going from 35% to 39.6% is not a tax increase. it is a return to tax rates that would have taken place after the temporary bush tax cuts expired and got extended. so the way i see it, that cuts with designed to be temporary, but clearly norquist disagrees with me. >> let's say we let the bush tax cuts expire at the end of the year and then congress moved to increase tax rates. would that count? would that violate your pledge? >> that would clearly be -- look, you can't go to the american people and say we raised taxes $500 billion and then we cut it $400 billion, please only look at the cut, not the overall rate. if you raise taxes $100 billion on the american people, they're going to notice it. it doesn't pass the laugh test. >> now, people say he's just one guy. grover likes to say the pledge isn't t
would vote for it. that's all that would be nominee needed. but, mr. president, grover norquist is standing in the way of this. not the rich people. but grover norquist. the man who says what the republicans can do. so i say to the speaker, take the escape hatch that we've left you. put the economic fate of the nation heafd your own fate as speaker of the house. millions of middle-class families are nervously watching and counting down the moments until their taxes go up. nothing can move forward in regards to our budget crisis unless speaker boehner and leader mcconnell are willing to participate in coming up with a bipartisan plan. speaker boehner is unwilling to negotiate, we have we've not heard a word from leader mcconnell, nothing is happening. democrats can't put together a plan on their own without baws without participation of leader mcconnell and speaker boehner nothing can happen on the fiscal cliff sand so far they are radio silent. mr. president, we're going to work the next couple days to get the most important legislation done on fisa. there should be a good debat
to the right of rick santorum. he took the grover norquist pledge. he did all the things that were required of a potential republican nominee. but in each of those steps, he made it harder for him to win a general election. and he brought to this some strengths. the other thing that will the president four years ago was that romney was the likely nominee because i believe in the theory of opposites. whoever the incumbent is, people are looking for the brevity, not the replica. and romney would represent a stark difference from obama, a businessman, grounded, not a visionary, not an order for. >> so you thought he would be the nominee. you thought that through the whole entire primary process? >> i had a few moments of doubt, as i suspect he may have. but he got to those moments was to do what i said, to move to the right. with each step, i think he made himself more vulnerable. in the abstract, his profile as a businessman will stay positive, even until the final day. it was the concept of a businessman who knows how to create jobs and so on. that was their message and that was not a bad me
party. listen, the answer is grover norquist no new tax pledge. that alone would free the republican party to engage in good faith, sensitive negotiations. everybody knows that our taxes are now at an historic low in the contemporary era and they're going to go out sort of naturally. and with the aging of the population, i guarantee you will be somewhere around 22% gdp. wouldn't it be nice if we could acknowledge that and say what's the most bowl, efficient way to structure a tax system, probably progressive consumption tax direct it in ways to accomplish a whole host of object is. as long as you have that pledge to which members signed, it's hopeless. the republican party cannot be a player in any constructive resolution of the problems confronting the country. there is no political space for a third-party to occupy. it's based on a presumption. we have two extreme parties and there's this great center to mobilize and i'm deeply skeptical that there's room for such a party and would really play a constructive role. is it going to get worse than it is now instead of just looking wors
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